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  • All HBS Web  (217)
    • News  (12)
    • Research  (197)
    • Events  (1)
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  • Faculty Publications  (162)

Show Results For

  • All HBS Web  (217)
    • News  (12)
    • Research  (197)
    • Events  (1)
    • Multimedia  (1)
  • Faculty Publications  (162)
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  • December 2010
  • Article

Happiness Adaptation to Income and to Status in an Individual Panel

By: Rafael Di Tella and Robert MacCulloch
We study adaptation to income and to status using individual panel data on the happiness of 7,812 people living in Germany from 1984 to 2000. Specifically, we estimate a "happiness equation" defined over several lags of income and status and compare the long-run... View Details
Keywords: Wages; Status and Position; Happiness; Income; Change; Germany
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Di Tella, Rafael, and Robert MacCulloch. "Happiness Adaptation to Income and to Status in an Individual Panel." Journal of Economic Behavior & Organization 76, no. 3 (December 2010): 834–852.
  • 2009
  • Chapter

Should Central Banks Maximize Happiness? Happiness, Contentment and Other Emotions for Central Banks

By: Rafael Di Tella and Robert MacCulloch
Keywords: Central Banking; Happiness; Satisfaction; Emotions; Banking Industry
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Di Tella, Rafael, and Robert MacCulloch. "Should Central Banks Maximize Happiness? Happiness, Contentment and Other Emotions for Central Banks." Chap. 6 in Policymaking Insights from Behavioral Economics, edited by Christopher L. Foote, Lorenz Goette, and Stephan Meier, 309–355. Boston, MA: Federal Reserve Bank of Boston, 2009.
  • 2006
  • Chapter

Corruption and the Demand for Regulating Capitalists

By: Rafael Di Tella and Robert MacCulloch
Keywords: Crime and Corruption; Governing Rules, Regulations, and Reforms; Economic Systems
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Di Tella, Rafael, and Robert MacCulloch. "Corruption and the Demand for Regulating Capitalists." Chap. 12 in International Handbook on the Economics of Corruption, edited by Susan Rose-Ackerman, 352–380. Edward Elgar Publishing, 2006.
  • 2002
  • Working Paper

Cost Reductions, Cost Padding and Stock Market Prices: The Chilean Experience with Price Cap Regulation

By: Rafael Di Tella and Alexander Dyck
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Di Tella, Rafael, and Alexander Dyck. "Cost Reductions, Cost Padding and Stock Market Prices: The Chilean Experience with Price Cap Regulation." Harvard Business School Working Paper, No. 03-050, October 2002.
  • 2001
  • Working Paper

Using a Terrorist Attack to Estimate the Effect of Police on Crime

By: Rafael Di Tella and Ernesto Schargrodsky
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Di Tella, Rafael, and Ernesto Schargrodsky. "Using a Terrorist Attack to Estimate the Effect of Police on Crime." Harvard Business School Working Paper, No. 01-076, May 2001.
  • Article

Informal Family Insurance and the Design of the Welfare State

By: Rafael Di Tella and Robert MacCulloch
We study unemployment benefit provision when the family also provides social insurance. In the benchmark case, more generous State transfers crowd out family risk-sharing one-for-one. An extension gives the State an advantage in enforcing transfers through taxes... View Details
Keywords: Insurance; Design; Welfare
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Di Tella, Rafael, and Robert MacCulloch. "Informal Family Insurance and the Design of the Welfare State." Economic Journal 112, no. 477 (February 2002): 481–503.
  • February 2023
  • Teaching Note

The Trouble with TCE

By: Vincent Pons and Rafael Di Tella
Teaching Note for HBS Case No. 721-031. View Details
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Pons, Vincent, and Rafael Di Tella. "The Trouble with TCE." Harvard Business School Teaching Note 723-051, February 2023.
  • June 2015
  • Teaching Note

The 'Chinese Dream': Corruption, Inequality, and the Rule of Law

By: Rafael Di Tella and Meg Rithmire
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Di Tella, Rafael, and Meg Rithmire. "The 'Chinese Dream': Corruption, Inequality, and the Rule of Law." Harvard Business School Teaching Note 715-057, June 2015.
  • 2010
  • Working Paper

Peronist Beliefs and Interventionist Policies

By: Rafael Di Tella and Juan Dubra
We study the logic of Peronist interventionist polices and the beliefs that support them. Instead of a comprehensive approach, we focus on three elements. First, we study beliefs and values about the economic system present in Peron's speeches during the period... View Details
Keywords: History; Economic Systems; Values and Beliefs; Policy; Business and Government Relations; Argentina
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Di Tella, Rafael, and Juan Dubra. "Peronist Beliefs and Interventionist Policies." NBER Working Paper Series, No. 16621, December 2010.
  • 2010
  • Chapter

Happiness Adaptation to Income beyond 'Basic Needs'

By: Rafael Di Tella and Robert MacCulloch
We test for whether, once "basic needs" are satisfied, there is happiness adaptation to further gains in income using three data sets. Individual German Panel Data from 1985 to 2000, and data on the well-being of over 600,000 people in a panel of European countries... View Details
Keywords: Wealth and Poverty; Happiness; Human Needs; Income; Adaptation; Economic Growth
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Di Tella, Rafael, and Robert MacCulloch. "Happiness Adaptation to Income beyond 'Basic Needs'." Chap. 8 in International Differences in Well-Being, edited by Ed Diener, John Helliwell, and Daniel Kahneman, 217–247. New York: Oxford University Press, 2010.
  • 2000
  • Working Paper

Unemployment Benefits as a Substitute for a Conservative Central Banker

By: Rafael Di Tella and Robert MacCulloch
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Di Tella, Rafael, and Robert MacCulloch. "Unemployment Benefits as a Substitute for a Conservative Central Banker." Harvard Business School Working Paper, No. 00-094, June 2000.
  • 2000
  • Working Paper

Empirical Determinants of Chief Political Officer Pay

By: Rafael Di Tella and Ray Fisman
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Di Tella, Rafael, and Ray Fisman. "Empirical Determinants of Chief Political Officer Pay." Harvard Business School Working Paper, No. 01-040, December 2000.
  • 2002
  • Working Paper

Partisan Social Happiness

By: Rafael Di Tella and Robert MacCulloch
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Di Tella, Rafael, and Robert MacCulloch. "Partisan Social Happiness." Harvard Business School Working Paper, No. 02-083, May 2002.
  • Article

Some Uses of Happiness Data in Economics

By: Rafael Di Tella and Robert MacCulloch
Keywords: Happiness; Analytics and Data Science; Economics
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Di Tella, Rafael, and Robert MacCulloch. "Some Uses of Happiness Data in Economics." Journal of Economic Perspectives 20, no. 1 (Winter 2006): 25–46.
  • 1998
  • Working Paper

The Consequences of Labour Market Flexibility: Panel Evidence Based on Survey Data

By: Rafael Di Tella and Robert MacCulloch
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Di Tella, Rafael, and Robert MacCulloch. "The Consequences of Labour Market Flexibility: Panel Evidence Based on Survey Data." Harvard Business School Working Paper, No. 99-065, December 1998.
  • 1999
  • Working Paper

Unemployment Shocks and Endogenous Labor Market Institutions

By: Rafael Di Tella and Robert MacCulloch
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Di Tella, Rafael, and Robert MacCulloch. "Unemployment Shocks and Endogenous Labor Market Institutions." Harvard Business School Working Paper, No. 00-035, November 1999.
  • May 2025
  • Teaching Note

Brazil's Messias? The Lava Jato Corruption Scandal, the Recession, and the Rise of Bolsonaro

By: Rafael Di Tella and Jose Liberti
Teaching Note for HBS Case 719-069. View Details
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Di Tella, Rafael, and Jose Liberti. "Brazil's Messias? The Lava Jato Corruption Scandal, the Recession, and the Rise of Bolsonaro." Harvard Business School Teaching Note 725-033, May 2025.
  • July 2017
  • Teaching Plan

Populism in America: Fake News, Alternative Facts and Elite Betrayal in the Trump Era

By: Rafael Di Tella and Sarah McAra
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Di Tella, Rafael, and Sarah McAra. "Populism in America: Fake News, Alternative Facts and Elite Betrayal in the Trump Era." Harvard Business School Teaching Plan 718-006, July 2017.
  • September 1999
  • Article

Rents, Competition and Corruption

By: Alberto Ades and Rafael Di Tella
Keywords: Crime and Corruption; Competition
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Ades, Alberto, and Rafael Di Tella. "Rents, Competition and Corruption." American Economic Review 89, no. 4 (September 1999): 982–994.
  • December 2006
  • Article

Europe vs America: Institutional Hysteresis in a Simple Normative Model

By: Rafael Di Tella and Robert MacCulloch
We show how the differences in US and European institutions can arise in a normative model. The paper focuses on the labor market and the government's decision to set unemployment benefits in response to an unemployment shock. The government balances insurance... View Details
Keywords: Optimal Unemployment Benefits; Labor Market Institutions; Hysteresis; Europe; United States
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Di Tella, Rafael, and Robert MacCulloch. "Europe vs America: Institutional Hysteresis in a Simple Normative Model." Journal of Public Economics 90, no. 12 (December 2006): 2161–86.
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